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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Property Code § 162.002: CONTRACTORS AS TRUSTEES.

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Where this section sits in the code
  1. PROPERTY CODE
  2. TITLE 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS
  3. SUBTITLE B. FIDUCIARIES
  4. CHAPTER 162. CONSTRUCTION PAYMENTS, LOAN RECEIPTS, AND MISAPPLICATION OF TRUST FUNDS
  5. SUBCHAPTER A. CONSTRUCTION PAYMENTS AND LOAN RECEIPTS

A contractor, subcontractor, or owner or an officer, director, or agent of a contractor, subcontractor, or owner, who receives trust funds or who has control or direction of trust funds, is a trustee of the trust funds.

Acts 1983, 68th Leg., p. 3721, ch. 576, Sec. 1, eff. Jan. 1, 1984.

Collected 2026-08-27T01:47:37Z. Source file · JSON

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